There is a sample of N = 200 observations, {yi, xi} , where both yi and xi are dummy variables (binary). The following table reports the sample information: x=1 x=0 Total y=1 40 60 100 y=0 60 40 100 Total 100 100 200 Find (manually) the likelihood estimators of a and β in the logit model a+ẞxi
There is a sample of N = 200 observations, {yi, xi} , where both yi and xi are dummy variables (binary). The following table reports the sample information: x=1 x=0 Total y=1 40 60 100 y=0 60 40 100 Total 100 100 200 Find (manually) the likelihood estimators of a and β in the logit model a+ẞxi
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Transcribed Image Text:There is a sample of N = 200 observations,
{Yi, ¤; }
, where both yi and xi are dummy variables (binary). The following table reports the sample
information:
x=1
x=0
Total
y=1
40
60
100
y=0
60
40
100
Total
100
100
200
Find (manually) the likelihood estimators of
and
in the logit model
a + Bx;
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